Status: In August last year, the Ministry of Mineral Resources and Petroleum launched an international public tender for the construction of a privately-owned oil refinery in Soyo. With current production meeting less than one-third of domestic oil consumption, Angola’s refining capacity remains severely underserved.
What is happening at Luanda refinery in Angola?
Angolan President Joao Lourenco inaugurated an extension unit on the Luanda refinery, which aims to increase the production of crude oil products fourfold, especially petrol. An agreement with the Italian company ENI was also signed to improve the production and marketing processes.
Could a new refinery change Angola’s oil industry?
Angola is rich in crude oil but has to import the fuel it needs. A new refinery could change that. Wearing a hard hat, safety glasses and high-visibility vest, project manager Martin Jooste gives a tour of the rain-sodden construction site that he oversees in the tiny Angolan exclave of Cabinda.
What’s happening at Sonangol refinery in Luanda?
A general view of the refinery at the state oil company, Sonangol, in Luanda, on June 7, 2022. – Angolan President Joao Lourenco inaugurated an extension unit on the Luanda refinery, which aims to increase the production of crude oil products fourfold, especially petrol.